Texas Insurance Code 549.054 – Requiring Evidence of Insurance Before Termination of Policy
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Terms Used In Texas Insurance Code 549.054
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
A lender may not require a borrower to provide evidence of insurance earlier than the 15th day before the termination date of an existing insurance policy.